16021 St Vincent Way
$3,330,000
16021 St Vincent Way, Little Rock, AR 72223
4,594 sqft
Building Size
1.35 acres
Lot Area
Details:
Highlights:
- Tax Roll Number: 53L0360600003
- Garage Description: No Garage
Description:
Brand-new Sherwin-Williams located in Chenal Valley, West Little Rock's premier retail corridor. The 4,594 SF freestanding building sits on a 1.35-acre parcel and is secured by a 10-year corporate NNN lease guaranteed by The Sherwin-Williams Company, featuring 10% rent increases every five years and four (4) renewal options. The tenant is responsible for taxes, insurance, CAM, and maintenance, providing a passive investment with $199,800 in annual NOI at a 5.75% cap rate. Strategically positioned near Chenal Parkway and just minutes from Costco and the 1.1M SF Promenade at Chenal, the property benefits from strong demographics, executive housing, and consistent retail traffic in Little Rock's most affluent submarket.
Listing ID: 91ff1b3e-346c-4873-83fb-e4acb6bd5bb5
Location
Gallery
